News, views and industry trends
ASC 842 and GASB 87 Lease Accounting
Effective from December 15, 2018 for private sector organizations, and more recently in the public sector from December 15, 2021, ASC 842 is the new standard for lease accounting issued by the Financial Accounting Standards Board (FASB). Meanwhile, G
10 important commercial real estate metrics
In an era where real estate firms are inundated with data, it can be hard to know which insights are the most important to your business. However, it’s even harder to uncover that information in the first place. After all, with such extensive analy
Multifamily tech trends to watch in 2023
Running a successful multifamily business in 2023 requires many things, but one of the most important is having the right technology to satisfy the expectations of residents and your property staff. Giving residents what they want will help your busi
11 important facilities management metrics
Measuring your progress against KPIs is a key part of any management-focused software system. Wouldn’t you agree? After all, it’ll be nearly impossible to make significant gains if you don’t know where you can make improvements. Therefore, achi
General ledger accounting for properties
General ledger accounting can sometimes seem like an uphill battle. Having to manage multiple accounts, perform bank reconciliations, and file journal entries can leave room for potential errors in your property accounting. This begs the question,
4 tips for commercial property management
The time of being an absentee landlord is over. As a responsible commercial property management operator, being as responsive and transparent as possible is vital to your operations. Now is the perfect time to take a step back and guarantee that your
Different types of compliance by industry
With visitors, contractors, and employees back in our workplaces, organizations seek software that ensures everyone coming in or out of their buildings is aware of and meets their compliance requirements. Your organization probably has unique corpora
What is compliance in the workplace?
Regardless of size or industry, every business must meet regulations and requirements to protect the people, places, and ideas that power their organization. Companies get exposed to various risks daily, which can severely threaten an organization’